Special Condition :
1 L & T Ltd. will not
provide the E way bill. It’s in scrap vendor scope.
2 H1 Buyer lift the
materials from site as indicate in the photographs & site person.
3 After auction company
will not accept any misbehave for the lifting .
4 H1
vendor lift the total scrap within 7 working days after getting of sale order.
On the 8th day EMD automatically forfeited.
5
Payment Terms:
Bidder has to deposit 25% of the Sale Order value within 3 days from the date of issuance of Sale
Order as a Security amount. Balance 75% shall be payable in 2-3 lots before lifting of materials from site. The
Security amount will be adjusted in last lot. .
6
The Sale Order will
be cancelled and EMD will be forfeited as per below clauses:
If Bidder will not
deposit the Security Amount within 3-5 days from the date of issuance of Sale
Order.
If Bidder shall not
start the lifting of materials from 10th day of issuance of
Sale Order.
If Bidder shall not
lift the 50% of materials within 15th Day of issuance of Sale
Order.
7
Bidder shall be
Single Point of Contact for all communication & correspondence with Client.
8 Tax will be extra as per actual rates.
9 Event Fees is to be Paid by H1 Buyer Only.
10 All the bidders have to pay Membership Fee for
the participation as Rs.7080/- (Inclusive GST)
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